News
Suez Canal witnesses the first transit of the mega container ship CMA CGM SAINT GERMAIN
7+ hour, 34+ min ago (94+ words) Suez Canal Authority Suez Canal witnesses the first transit of the mega container ship CMA CGM SAINT GERMAIN "Adm. Ossama Rabiee, Chairman and Managing Director of the Suez Canal Authority, announced that traffic through the Canal today witnessed the transit…...
Maersk Orders 1, 000 India-Made Shipping Containers, Boosting Domestic Manufacturing
9+ hour, 14+ min ago (377+ words) Global shipping major AP Moller'Maersk has placed an order for 1, 000 additional India-manufactured shipping containers with DCM Shriram Group. Union Minister Sarbananda Sonowal on Friday unveiled the first export-import (EXIM) shipping container manufactured in India for AP Moller'Maersk at the Maersk-CONCOR…...
Container spot rates hit four-year highs
13+ hour, 8+ min ago (370+ words) Container spot freight rates jumped again this week, pushing global benchmarks to their highest levels since the pandemic-era peak of 2022, as tariff-driven cargo frontloading combined with lingering disruption around the Strait of Hormuz. Freightos data pointed the same way. Its…...
MSC Invests $1. 4 Billion in Vizhinjam Port: Kerala Government Objects - News and Statistics
11+ hour, 10+ min ago (261+ words) According to a July 3, 2026 report by The Maritime Executive, Mediterranean Shipping Company (MSC) is on track to execute the largest foreign private investment in India's port sector. The $1. 4 billion transaction, however, has sparked debate. Adani Ports, which built the Vizhinjam…...
Container Freight Rates Surge 61% Year-on-Year: Drewry WCI Update " July 2026 - News and Statistics
11+ hour, 10+ min ago (220+ words) The Drewry World Container Index advanced 9% during the latest week to US$4, 530 per 40-foot container, propelled by elevated spot rates on transpacific and Asia-Europe routes. Compared to the corresponding period last year, the benchmark has surged 61%. Spot rates from Shanghai…...
Hapag-Lloyd raises India and Pakistan-Europe freight rates
8+ hour, 34+ min ago (162+ words) Container News Hapag-Lloyd has announced higher ocean tariff rates for shipments from India and Pakistan to Northern Europe and the Mediterranean, effective for sailings from 1 August 2026. For cargo from Nhava Sheva and Mundra, the carrier will increase base rates by…...
Maersk Rolls Out Next-Gen Io T Connectivity on Refrigerated Containers | July 2026 - News and Statistics
13+ hour, 51+ min ago (300+ words) Index Box Search across reports, market insights, and blog stories. Maersk Deploys New Io T Devices Across Reefer Fleet for Enhanced Cold Chain Visibility Maersk has initiated the deployment of a new generation of Internet of Things connectivity devices across…...
DCM Shriram Group Wins Order for 1, 000 Containers From Maersk
11+ hour, 41+ min ago (286+ words) Whalesbook What Happened Global shipping major AP Moller-Maersk has placed an order for 1, 000 shipping containers with the DCM Shriram Group, marking a notable development for domestic industrial manufacturing The first of these containers was unveiled at the Inland Container Depot…...
Maersk places maiden India order for 1, 000 containers with DCM Containers
10+ hour, 47+ min ago (293+ words) Business Standard Danish shipping giant AP Moller-Maersk on Friday announced that it has placed an order for 1, 000 containers with India's DCM Containers, the first such order by a global carrier The announcement was made by senior Maersk executives at the…...
Analysis | Will Adani-MSC deal lead to monopoly in Vizhinjam port operations
18+ hour, 10+ min ago (733+ words) Adani Vizhinjam Port Private Limited (AVPPL) requires the Kerala government's mandatory approval for any change in ownership, especially when a stake of 25 per cent or more is acquired. The concession agreement includes clauses to prevent AVPPL from imposing monopoly rates…...